The basic chemical industry is one of fastest-growing industries and plays an integral role in providing essential chemical ingredients for industries ranging from downstream to high-tech electronics. The basic chemicals industry in undergoing a ...

Underpinned by rapidly expanding middle classes in China and India, Asia Pacific is expected to remain the fastest growing region for small appliances. Countries such as Japan and South Korea continue to remain the most mature markets in the Asia ...

Although apparel accessories recorded a slight decline in current value terms in 2017, the performance was an improvement on the previous year. Belts recorded the best performance in current value terms in 2017, although it still recorded a decline. ...

Childrenswear recorded current value growth in 2017. According to the Hong Kong Census and Statistics department, there was a slight increase in the birth rate in 2016 compared to in 2015. This created the potential for an increase in demand for ...

Footwear recorded a decline in current value terms in 2017. Within both women’s footwear and men’s footwear, Nike and adidas each recorded a value share increase in 2017, which suggested that women were more willing to choose athleisure footwear. ...

In 2017, sheer hosiery and non-sheer hosiery each recorded a slight decline in current value terms. Sheer hosiery has been very popular for many years. It is particularly used during the winter season as it can help the wearer keep warm. Consumers ...

Standard jeans performed the best and recorded the highest current value growth in 2017. Standard men’s jeans performed better than standard women’s jeans, and premium men’s jeans performed better than premium women’s jeans; however, economy women’s ...

In general, menswear performed slightly better than womenswear in 2017, with the decline in current value terms being significantly lower than in the previous two years. In Hong Kong, men are generally loyal to the brands that they are used to. ...

Despite the recovery in the number of Chinese tourists to the city state, sales of Hong Kong apparel and footwear declined slightly in 2016, as local consumers’ appetite for shopping remained lacklustre. Unsure of an economic recovery, local ...

Hong Kong has a beautiful landscape and is famous for hiking/exploring nature. Such an environment resulted in steady growth of sportswear. Over the review period, hiking became even more popular. A new type of hiker became very noticeable in Hong ...

Women’s leggings recorded the highest current value growth in 2017. Leggings are commonly and widely used in Hong Kong because they are very easy to mix and match with different types of clothing, and they are also aligned with the athleisure trend ...

Asia Pacific is currently behind Western Europe, North America and Latin America in terms of men’s grooming value sales, but its fastest growth rate over 2011-2016 and the lowest per-capita spend globally explains that many countries in the region ...

Driven by China and India, Asia’s developing economies saw healthy rates of growth in 2017. Japan’s economic prospects are less favourable however. Too many of Asia’s economies are excessively dependent on exports and large inflows of foreign ...

Asian speciality drinks is expected to see strong growth in off-trade volume terms over the forecast period. Rising health awareness will continue to fuel the performance of the category, as most products are functional and good for the health. This ...

Bottled water maintained its momentum in 2017, and is expected to continue to grow in off-trade volume terms over the forecast period. This will largely be propelled by higher demand for drinking water, due to the discovery of lead in the tap water ...

Total volume sales of carbonates are expected to continue declining over the forecast period. A gradual decline was seen over the period 2008-2017, which was due to a shift away from carbonates and towards healthier beverages. The main reason for the...

Although a positive performance is expected in concentrates in the forecast period, some consumers will shift to RTD drinks, especially juice. The development of RTD drinks is a strong threat to concentrates. Consumers are likely to purchase RTD ...

Energy drinks is expected to see a strong increase in off-trade volume terms over the forecast period, due to the busy lifestyles of many consumers in Hong Kong. Lack of sleep brings tiredness, and some consumers rely on products such as energy ...

Packaged and branded cold pressed juice is gaining popularity in Hong Kong. Cold pressed juice refers to fresh juice that is made by using a hydraulic press to extract the juice from vegetables and fruits. This juice is therefore made only from ...

Rising awareness of health issues was the key driver of the development of soft drinks in 2017. Strong demand for healthy drinks determined consumers’ purchasing decisions regarding soft drinks. This resulted in a shift in consumer preference away ...

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